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LATEST NEWS

Dubai’s DED issues 20,467 new trade licenses in 2018

13/01/2019
The Department of Economic Development (DED), the business licensing arm of Dubai Government, said, it issued 20,467 new licences in 2018.

Belhasa Six gets Uptown Dubai tower contract

13/01/2019
Dubai Multi-Commodities Centre (DMCC), a Dubai Free Zone and master developer of Jumeirah Lakes Towers (JLT), said, it has awarded a contract to BESIX, through its Dubai-based entity Belhasa Six Construct, to build the first super tall tower in its Uptown Dubai district.

Dubai Investments to build a 138-room Copthorne Creek Hotel in Dubai

13/01/2019
Dubai Investments said it has signed a hotel management agreement with Millennium Hotels and Resorts MEA to manage the Copthorne Creek Hotel, a 138-room hotel located in Al Hamriya and the second hospitality real estate project between the two partners who are also working together on a four-star hotel in the Mirdif Hills project.

UAE non-oil private sector growth slows to four-month low

10/01/2019
The end of 2018 saw a moderation in growth across the UAE’s non-oil private sector, with slower increases in output and new orders recorded. The headline seasonally adjusted Emirates NBD UAE Purchasing Managers’ Index (PMI) – a composite indicator designed to give an accurate overview of operating conditions in the non-oil private sector economy – posted 54.0 in December, down from 55.8 in November and signalling the weakest improvement in business conditions since October 2016.

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Emaar offers 3-bedroom Expo Golf Villas for Dh999,888
With prices starting at Dh999,888 for a three-bedroom residence, a monthly payment plan over five years and the fast-growing demand for homes near the Expo 2020 Dubai site, the Al Maktoum international Airport and an 18-hole championship golf course, Emaar has launched the ‘Expo Golf Villas’ that stand to bring high potential yield for investors. Read More...
Deyaar appoints Condor Building Contracting to build Bella Rose
Deyaar Development, one of the UAE’s leading property development and real estate services companies, has appointed Condor Building Contracting as the main contractor for its recently launched residential project, Bella Rose. Read More...
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